Grab Launches New Digital Payment Option - GrabPay
Grab Edges Ahead Of Uber Thanks To New Digital Payment Option.
In the battle for dominance over market share, Grab have just scored a major victory over their nearest rivals thanks to their newly unveiled payment option. Launched just yesterday, this new system will enable their 4 million users to pay for local dishes including chicken rice at local hawker centres across the country using a quick response, or QR code to pay.
At the present time, Grab is starting small with just 25 stands accepting this payment option, but is looking to expand to 1000 vendors by the end of December.
This is the latest in a series of new ventures for the five year old startup that has grown exponentially in recent years, now hosting not just taxi services but private vehicles, rental cars and shuttle services.
Speaking of the new launch, co-founder Tan Hooi Ling said: "It's just like Grab for transport, when we first started, people didn't know about it and they needed to try it. That's the same transition we can bring with GrabPay, in fact at a faster pace because we already have the user base, trust and technology."